Indiabulls Housing Finance Limited

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Prepayment Charges

Prepayment Charges of Indiabulls Loan Against Property

Non-Home Loans ( Loan Against Property / Home Equity / Commercial Purchase / Top-Up): 

Wef : 10th Aug 2012

  • Nil pre-payment fees shall be payable for any partial pre-payments up to 25% of the principal outstanding (POS) inclusive of all partial pre-payments made within preceding 12 months.
  • Where the partial pre-payment amount exceeds 25% of principal outstanding (POS), inclusive of all partial pre-payments made within preceding 12 months, then the amount prepaid in excess of 25% of POS will attract pre-payment fees as applicable.
  • Foreclosure charges to apply on full loan amount in case of full pre-payment, inclusive of all partial pre-payments made within preceding 12 months.
  • Prepayment fees applicable shall be 5% for the initial 2 years from the date of first disbursement and 3% then-after; unless specifically mentioned in the borrowers’ loan agreement.
  • Services Tax as applicable on pre-payment fees.

The above fees/charges are subject to change without prior notice